Hope you all had a great weekend. With the slowness of the market thus far, I’m calling an audible on After Hours with Option Addict this week. I’m thinking that we’re not going to get much of a turnout today. My blog is dead, and my trading room was a ghost town.
At this rate, let’s plan on meeting on Thursday the 29th and see if much has transpired for the week. I’ve got family in town and I might as well take advantage of the slowness to enjoy family time.
If you need anything at all, please email.
I took a long in $BABA today, might book the $AMZN calls I grabbed on Friday.
Other than that, feel free to post questions or ideas as usual.
OA
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AMZN opening stores will be something to watch. As they become more like WMT, and WMT becomes more like AMZN, the carnage in the retail space will become more palpable.
And how about AMZN Building Goods – wipe out LOW and HD.
Too late to get long NVDA?
129 is the high pt right? & maybe a few more upgrades in the works?
There’s a new show on Netflix called The OA. Haha. Long nflx??
Jeff, what are your thoughts on FIT? The huge gap has a nice empty pocket of volume by price
what do you think of $TDG here?
Got some next week BABA puts
Clear rejection around 88.5 and immediate move lower.
How does one short into the hole like this? Do you not follow any overbought/sold metrics when you trade?
Gold starting to look interesting. Dollar up huge, but gold is staying strong.
Looks like we may be forming a short term bottom.
Buying $ACIA
I put on note on my GLD chart to look to buy puts if it got back above 110…..I am now looking, but thinking this could run up to 111.5